Property
Megaworld earnings rise 6% as rental income grows
Stronger hotel, mall, and office leasing revenues lifted Megaworld Corp.’s net income by 6 percent to P19 billion in the first nine months of 2026, cushioning modest growth in residential sales and consolidated revenues.
SM Prime earnings fall 5% as housing slump hits sales
Weak residential demand, high borrowing costs, elevated inflation, and cautious buyers, dragged down SM Prime Holdings Inc.’s earnings by 5 percent to P35.4 billion in the first nine months, offsetting stronger rental income and growth in its mall and hospitality businesses.
SM Prime caps 2027 spending at P100B, freezes new office projects
SM Prime Holdings Inc. will keep its 2027 capital spending at P60 billion to P100 billion but hold off on new office developments and...
Pueblo de Oro highlights regional portfolio at Pag-IBIG national housing expo
Pueblo de Oro Development Corporation (PDO), under the ICCP Group, took part in the recent National Housing Expo hosted by the Pag-IBIG Fund at the SMX Convention Center, presenting its range of residential communities across Batangas and Pampanga to thousands of prospective homebuyers.
Ayala Land expects holiday mall boost from 250 new stores
Ayala Land Inc. (ALI) is counting on more than 250 new store openings in the fourth quarter to sustain mall leasing growth and capture stronger holiday spending, building on a 10-percent increase in revenue across its shopping center portfolio in the first nine months of 2026.
